CORRECT:Crude supplies rise 2.3 mln bbls in latest week: API

NickGodt

NEW YORK (MarketWatch) -- Crude supplies rose by 2.3 million barrels to 313.3 million barrels in the week ending Nov. 2, the American Petroleum Institute reported on Wednesday. Distillate stocks rose by 0.5 million barrels to 136.7 million barrels in the same period, while gasoline stocks fell by 2.5 million barrels to 193.6 million barrels, API said. Separately, the U.S. Energy Department said U.S. crude oil inventories in the week ending Nov. 2 fell by 800,000 million barrels compared to the previous week. After the inventory data, crude oil for December delivery remained higher, gaining 68 cents at $97.40 a barrel on the New York Mercantile Exchange. (Correcting headline to show crude supplies rose 2.3 million in the latest week).

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